Cardano Price Prediction
The Cardano price has fallen following the recent crypto market crash, which wiped out billions of dollars of value in a fresh US-China trade war. Currently, ADA is trading around $0.65 with no upward trend due to profit-taking and bears.
Investors are shifting towards faster-growing choices, although some consider Cardano a long-term project. A notable example is Remittix, a PayFi token that collected over $27.3 million by selling 677 million tokens for $0.1130.
Following the massive cryptocrash triggered by escalating US-China trade tensions, the Cardano price remains under pressure. The crash swept nearly $19 billion off the market, with ADA falling to as low as $0.
Cardano's long-term potential is still considered by some investors despite the current market crash.
Author's summary: Cardano price falls after crypto market crash.
- Cardano price: $0.65
- Remittix token sale: $27.3 million
- Market crash: $19 billion lost